People/Biz

French budget boosts funding for pubcasters

As part of its 2017 budget, the French government will increase the license fee that the public pays for the country's public broadcasters, France Télévisions and Arte. (Pictured: Minister of Finance Michel Sapin)
September 29, 2016

France is increasing support for France Télévisions and Arte.

As part of its 2017 budget, the French government has proposed increasing the license fee that the public pays for the country’s public broadcasters by €2 (US$2.24) to €139 ($156).

The move will result in an additional €63 million ($70.7 million) per year for the TV nets, Le Figaro reports.

France Télévisions and Arte are expected to receive an additional €48 million ($53.9 million), of which €30 million ($33.7 million) will be invested in original content.

Overall, France Télévisions will see a funding boost of 1.6%, or €37 million ($41.5 million), while Arte will get a €10 million ($11.2 million) injection.

The National Center of Cinematography and the Moving Image (CNC) is also getting a budget increase. The government is giving the film funding body a 5% boost, or €35 million ($39.2 million).

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